
\begin{table}
\begin{center}
\begin{tabular}{l c c c c}
\hline
 & Enf. & Enf. & N. Enf. & N. Enf. \\
\hline
Firm Party                       & $-2.823^{*}$ & $-3.522^{*}$ & $-2.583^{*}$ & $-3.049^{**}$ \\
                                 & $(1.273)$    & $(1.401)$    & $(1.017)$    & $(1.136)$     \\
Alignment                        & $-0.748^{*}$ & $-0.877^{*}$ & $-0.455^{+}$ & $-0.702^{*}$  \\
                                 & $(0.341)$    & $(0.393)$    & $(0.271)$    & $(0.303)$     \\
Recent Class Action              &              & $0.236$      &              & $-0.107$      \\
                                 &              & $(0.423)$    &              & $(0.333)$     \\
Recent Restatement               &              & $-2.391^{*}$ &              & $-2.072^{+}$  \\
                                 &              & $(1.192)$    &              & $(1.096)$     \\
Log(Tot. Contribs.)              & $0.496^{*}$  & $0.494^{*}$  & $0.367^{+}$  & $0.401^{+}$   \\
                                 & $(0.243)$    & $(0.244)$    & $(0.201)$    & $(0.219)$     \\
Log(Tot. Comm. Contribs.)        & $0.002$      & $-0.006$     & $0.000$      & $-0.005$      \\
                                 & $(0.031)$    & $(0.035)$    & $(0.025)$    & $(0.028)$     \\
Log(Tot. Lobbying Exp.)          & $-0.008$     & $-0.024$     & $0.002$      & $-0.006$      \\
                                 & $(0.032)$    & $(0.037)$    & $(0.032)$    & $(0.037)$     \\
Log(Tot. SEC-Rel. Lobbying Exp.) & $0.044$      & $0.047$      & $0.037$      & $0.040$       \\
                                 & $(0.033)$    & $(0.035)$    & $(0.029)$    & $(0.031)$     \\
SBC                              & $0.234$      & $0.270$      & $0.204$      & $0.199$       \\
                                 & $(0.265)$    & $(0.314)$    & $(0.178)$    & $(0.240)$     \\
HFSC                             & $0.071$      & $0.032$      & $0.122$      & $0.037$       \\
                                 & $(0.319)$    & $(0.407)$    & $(0.223)$    & $(0.321)$     \\
S. Approp.                       & $0.085$      & $0.226$      & $0.072$      & $0.244$       \\
                                 & $(0.292)$    & $(0.334)$    & $(0.230)$    & $(0.272)$     \\
H. Approp.                       & $0.620$      & $0.788^{+}$  & $0.547^{+}$  & $0.717^{+}$   \\
                                 & $(0.382)$    & $(0.452)$    & $(0.324)$    & $(0.371)$     \\
Log(CD Unemp. Rate)              &              & $0.285$      &              & $0.469$       \\
                                 &              & $(0.665)$    &              & $(0.495)$     \\
Log(CD Finance Workers)          &              & $0.737$      &              & $0.443$       \\
                                 &              & $(0.660)$    &              & $(0.536)$     \\
Log(Assets)                      &              & $0.516$      &              & $0.400$       \\
                                 &              & $(0.407)$    &              & $(0.339)$     \\
Log(Employment)                  &              & $0.164$      &              & $0.116$       \\
                                 &              & $(0.378)$    &              & $(0.309)$     \\
Leverage                         &              & $1.042$      &              & $0.897$       \\
                                 &              & $(1.038)$    &              & $(0.830)$     \\
ROA                              &              & $-0.430$     &              & $-0.684$      \\
                                 &              & $(1.936)$    &              & $(1.710)$     \\
Operating Margin                 &              & $0.808$      &              & $0.684$       \\
                                 &              & $(0.526)$    &              & $(0.442)$     \\
Finance $\times$ Year            &              & $-0.002$     &              & $0.002$       \\
                                 &              & $(0.068)$    &              & $(0.056)$     \\
\hline
Firm FE                          & \checkmark   & \checkmark   & \checkmark   & \checkmark    \\
Year FE                          & \checkmark   & \checkmark   & \checkmark   & \checkmark    \\
Num. obs.                        & $1860$       & $1540$       & $1864$       & $1544$        \\
Num. groups: gvkey               & $183$        & $157$        & $185$        & $159$         \\
Num. groups: year                & $12$         & $12$         & $12$         & $12$          \\
Deviance                         & $1307.555$   & $1054.018$   & $964.028$    & $774.136$     \\
Log Likelihood                   & $-653.777$   & $-527.009$   & $-784.377$   & $-610.759$    \\
Pseudo R$^2$                     & $-0.080$     & $-0.160$     & $-0.021$     & $-0.101$      \\
\hline
\multicolumn{5}{l}{\scriptsize{$^{***}p<0.001$; $^{**}p<0.01$; $^{*}p<0.05$; $^{+}p<0.1$}}
\end{tabular}
\caption{Statistical models}
\label{table:coefficients}
\end{center}
\end{table}
